Copper $ 5.497 / lb 1.28%
Brent Crude Oil $ 59.99 / bbl 0.37%
Palladium $ 1782 / ozt 0.22%
Crude Oil $ 56.2 / bbl 0.54%
Natural Gas $ 3.95 / Btu 0.20%
Silver Futures $ 66.04 / ozt 0.96%
Aluminum Futures $ 2940.25 / ton 0.68%
Micro Gold Futures $ 4357.5 / ozt -0.16%
Micro Silver Futures $ 66.015 / ozt 0.91%
Platinum $ 1968.1 / ozt 0.77%
Gold Futures $ 4357.3 / ozt -0.14%
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Newmont plans $3 billion in capex in 2012; copper output expected to fall

Michael Allan McCrae | January 17, 2012 | 4:40 pm Precious Metals Africa Europe Latin America Gold 

Newmont Mining (NYSE:NEM), the world's fourth-largest gold miner, says it plans to spend $3.0 to $3.3 billion on capital expenditures in 2012. The Colorado-based company released its 2012 outlook on Tuesday. Newmont plans to spend 60% of its capex on...

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